profitability issues for the likes of qgc and sgl?, page-2

I'm pretty sure QGC drilling costs would be pretty low by international standards. A few of their wells FREE flow at 1 million cf/day from memory. That must drastically lower development costs. Large long-term contracts and huge tenements by international standards also help I imagine...cherry pick the wells as you need fill contracts.

Just my initial reaction. Compare that to that PGS well we were discussing the other night where they seem to work pretty hard for meagre flow rates...albeit they get lots higher prices.